Financial Analyst

SUMMARY:

Under the direct supervision of the Department Director or designee and in accordance with Brown University Health policies/procedures and generally accepted accounting principles, provides financial analysis, budgeting, forecasting, accounting and reconciliation services for research projects, program activities and department finances in general. This position maintains budgets and financial forecasts, and reviews and reconciles information from Workday and other institutional financial systems. Furthermore, this position will provide financial analyses and support for other special departmental projects sound as needed and assigned by the Director/Department Administrators.

Brown University Health employees are expected to successfully role model the organization's values of Compassion, Accountability, Respect, and Excellence as these values guide our everyday actions with patients, customers and one another.

In addition to our values, all employees are expected to demonstrate the core Success Factors which tell us how we work together and how we get things done. The core Success Factors include:

Instill Trust and Value Differences
Patient and Community Focus and Collaborate

RESPONSIBILITIES:

• Responsible for data collection, reporting, and analysis for multiple financial and operational projects.

• Identifies, recommends, and implements changes that will: positively impact the revenue cycle, streamline data flows, help BHMGPC to operate according to industry benchmarks, track operational efficiency, and meet performance goals.

• Synthesizes and communicates information in an efficient and comprehensible manner so that executive leadership can make informed, data-driven decisions.

• Responds to data requests in a timely, accurate and efficient manner.

• Extracts, transforms, and loads clinical and financial data that meet operational needs.

• Prepares standardized and customized reports and communications for both internal and external users as needed.

• Designs, codes, tests, troubleshoots, documents, and maintains various reports and programs.

• Conducts audits of data and monitor system performance to improve data quality.

• Works with IT Team and vendors to address issues, enhance systems, optimize performance, and deploy new solutions to enable data transfer, data modeling, data integration, and data presentation.

• Assures all billing systems and process requirements have been met to ensure timely and optimal reimbursement.

• Participates on committees and workgroups as assigned.

• Complies with federal and local confidentiality laws to ensure patient privacy.

• Adheres to organizational policies for protecting patients’ demographic, clinical, and financial data.

• Performs other job-related duties as assigned.

MINIMUM QUALIFICATIONS:

EDUCATION:

Bachelor of Science or Bachelor of Arts degree in Business, Accounting, Finance or related field required.

Broad professional knowledge in business management, financial analysis and accounting practices, with the ability to provide financial guidance and direction required.

Must demonstrate strong numerical aptitude and exceptional attention to detail.

Familiarity with the full sponsored award lifecycle, including financial monitoring, reporting, and closeout preferred.

Interest in learning about public health and working in a fast-paced, dynamic environment preferred.

Must have working knowledge of computers, file management, MS Excel and other software used to effectively track budgets, project estimates, financial analysis and projections, and project status reports.

Ability to work independently, exercise sound judgment, and collaborate effectively with investigators, research administrators, and financial partners.

EXPERIENCE:

Requires 3+ years of previous related experience in financial analysis, financial management and operations. Experience in sponsored research, clinical, and academic environments preferred.

Knowledge of federal regulations governing sponsored research, including NIH and Uniform Guidance requirements.

Experience with Workday or similar financial management systems.

Experience in Microsoft Office software, spreadsheet and database management software and applications is required.

Requires ability to learn new systems and applications with limited formal training.

Strong organizational skills and analytical skills with excellent attention to detail.

Ability to prioritize, manage deadlines and redirect and refocus as needed.

Interpersonal skills to effectively communicate the financial considerations and impacts of project accounting, reporting, managing, negotiating between members of the research teams, and effectively interacting with all levels of research program personnel and outside contractors and consultants.

SUPERVISORY RESPONSIBILITY:

None.

Pay Range:

$67,724.80-$111,716.80

EEO Statement:

Brown University Health is committed to providing equal employment opportunities and maintaining a work environment free from all forms of unlawful discrimination and harassment.

Location:

Rhode Island Hospital - 593 Eddy Street Providence, Rhode Island 02903

Work Type:

M-F 8am-5pm

Work Shift:

Day

Daily Hours: 

8 hours

Driving Required:

No